Sport City Cadiz S.L.

Insider accumulates 22,950 shares across six weeks at Nomadar, showing conviction despite steep stock decline from recent highs.

An insider at Nomadar has methodically purchased over 22,900 shares across a six-week span in mid-February through early March, demonstrating sustained conviction in the stock despite fundamental headwinds. The company is unprofitable with losses mounting, posting negative earnings and ongoing cash burn, which ordinarily would be a red flag for insider buying activity. However, the insider's sustained purchases at multiple price points—including aggressive accumulation in early March—suggest they view current valuations as attractive or possess conviction in a turnaround thesis. Notably, the stock is trading well below recent highs and has been under pressure, making this a high-risk/high-conviction play. The volume and consistency of these purchases signal an insider willing to catch a falling knife, betting on either a reversal, strategic announcement, or operational improvement ahead.

10% owner Sport City Cadiz buys 53,825 shares across 30 transactions totaling $392,407.50; stock down 81.2% from 52-week high.

Sport City Cadiz S.L., a 10% owner, executed 30 separate purchases of 53,825 shares between November 26 and December 29, 2025, for a blended average price of $7.29. The timing spans a period when the stock has declined significantly: the current price of $3.95 is 81.2% below the 52-week high of $21.00, though up 4.8% over the past 30 days. The company reported negative net income of $-496,209.00 in its latest quarter and was unprofitable over its most recent full fiscal year. The insider's cross-ticker track record shows an average 30-day return of -14.0% on 20 prior buys, and same-ticker activity at NOMA over five recent transactions (all in March 2026, before this filing date anomaly) shows uniformly negative 30-day returns ranging from -24.3% to -27.7%. The purchases add 53,825 shares (+0.7%) to the holder's existing 7,730,557 shares, preserving a substantial ownership stake in an unprofitable micro-cap company trading at a fraction of its recent peaks.

Sport City Cadiz S.L. (10% owner) accumulated 38,175 shares for $152,662.50 across 30 transactions; stock now -81.2% from 52-week high, insider's prior NOMA buys underwater -24% to -27%.

Sport City Cadiz S.L. conducted 30 separate purchases totaling 38,175 shares (38.2K shares) for $152,662.50 over five weeks (2025-12-29 through 2026-02-13), at a blended average price of $4.00, while the stock now trades at $3.95, down -81.2% from its 52-week high of $21.00. The company is unprofitable (net income $-496,209.00 for the latest quarter and negative full-year net income), with quarterly revenue of only $378,099.00 against a $56.4M market cap. More concerning, the insider's five prior purchases at NOMA are all showing losses between -24.3% to -27.7% at the 30-day mark, and across the insider's broader cross-ticker track record, the 0.00% win rate at the 90-day horizon combined with an average -24.5% return suggests a persistent pattern of poorly timed accumulation decisions.

Sport City Cadiz S.L. (10% owner) purchased 81,611 shares across 30 transactions from Oct–Nov 2025, averaging $7.89; stock now $3.95, down 81.2% from 52-week high.

Sport City Cadiz S.L., a 10% shareholder, deployed $644,039.92 across 30 separate open-market purchases over a six-week window (October 31–November 25, 2025), accumulating 81,611 shares at a blended average price of $7.89 per share. The timing of these purchases spanned an initial decline from $18.57 on October 31 to a low of $5.80 on November 14, followed by a recovery and subsequent volatility, but the insider's acquisition pace remained consistent throughout. At the current price of $3.95, these purchases are underwater by approximately 50% on a blended basis, and the stock is now 81.2% below its 52-week high of $21.00. The company's fundamentals show persistent unprofitability (net income of $-496,209.00 in the latest quarter; full-year net income was negative), and the insider's own prior purchase history at NOMA—five recent buy transactions all showing negative 30-day returns ranging from -24.3% to -27.7%—indicates a consistent pattern of poor timing outcomes at this specific ticker. This filing should prompt scrutiny of whether the recurring purchases reflect conviction in a turnaround thesis or simply a mechanical accumulation strategy despite deteriorating price action and operating losses.

10% owner Sport City Cadiz S.L. bought 415,935 shares of NOMA at $4.66 on 2026-02-24 for $1.9M

Sport City Cadiz S.L., a 10% owner, purchased 415,935 shares at $4.66 on 2026-02-24, increasing holdings by 415,935 shares to 7,648,946 shares total. The transaction occurred at a price -78.4% below the 52-week high of $21.00 and the stock has subsequently recovered +29.3% over 30 days. However, the company reported trailing-quarter net income of $-496,209.00 against revenue of $378,099.00, signaling operational distress that constrains the confidence signal from the purchase. Five additional buys by this insider at NOMA within a week (2026-02-23 through 2026-03-03) suggest accumulation activity, though cross-ticker historical outcomes show -5.2% average 30-day return, warranting caution on outcome predictability.

10% owner Sport City Cadiz buys 260,433 shares of NOMA at $8.68 on 2025-11-20 ($2.3M); stock now $3.51, down 83.3% from 52-week high.

Sport City Cadiz acquired 260,433 shares at $8.68, increasing holdings to 7,233,011 shares, a net increase of +3.7% vs pre-transaction holdings. The transaction occurred at a price substantially above the current market price of $3.51, positioning the purchase at the top of the 52-week range and well before the stock's subsequent decline of 83.3% to its current level. The underlying business shows material operational stress: latest-quarter revenue of $378,099.00 against net income of $-496,209.00, indicating losses that exceed quarterly revenue. The 10% shareholder's prior cross-ticker open-market purchases averaged -11.0% 30-day returns, and at NOMA specifically, five consecutive buys in late January 2026 (all subsequent to this transaction) have not yet reached measurable 90-day outcomes, offering no empirical basis to assess purchase timing skill at this ticker.